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Property profile & analytics
OFF-MARKET
Estimated value
$2,410,000
Office buildings
3061 Us Hwy 42nd S Delaware, OH 43015-8877
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-4412840
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2015
Total area
11,184 SF
Lot
5.02 ac (218,584 SF)
APN
419-230-01-035-002
UPID
US66-4412840
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.36M
CAP Approach
CAP
$2.26M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.41M
Owner & transaction history
Kado LLC · 2 yrs held
Kado LLC
since 2023
Last sale
$2.6M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.3M
+184.3%
Commercial (general)
$2.2M
+90.6%
Medical building
$1.8M
+58.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Delaware submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delaware submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,270,000
ML approach
$2,355,000
CAP Approach
CAP Return
Estimation
6%
$2,450,000
6.5%
$2,260,000
7%
$2,100,000
Alternative Use
Use
Estimation
RESTAURANT
$3,295,000
Change: +184% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,210,000
Change: +91% · Conversion: Easy
MEDICAL BUILDING
$1,840,000
Change: +59% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,640,000
Change: +41% · Conversion: Difficult
Blend value · Realmo final
$2.41M
Range $2.17M – $2.65M · ±10% · vs last sale $2.58M (Sep 2 2023)
Last sale anchor
$2.58M
Sep 2 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$215 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,863
Tax year 2023
Assessed value
$317,530
Assessed 2023
Previous assessed
$254,770
+24.6% YoY
Effective rate
4.37%
On assessed value
Assessed land
$90,970
Assessed improvement
$226,560
Land market value
$259,900
Improvement market value
$647,300
Total market value
$907,200
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2015
Heating
YES
Cooling
YES
Stories
1
Total area
11,184 SF
Lot
5.02 ac (218,584 SF)
APN
419-230-01-035-002
UPID
US66-4412840
Jurisdiction
DELAWARE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.3M
COMMERCIAL (GENERAL)
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.6M
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2015
Heating
YES
Cooling
Yes
Stories
1
Lot
5.02 ac
Current owner
From public records · entity-resolved
Kado LLC
Entity
Mailing address
385 S HENNING WAY, ANAHEIM, CA 92807-4009
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2023
$2,583,000
Kado LLC
Cross Development Cc Delaware LLC
Limited Warranty Deed
—
Jun 27, 2019
—
42 Automotive Group LLC
—
Trustees Deed
related
$350,000 · Huntington Nat'l Bk
May 6, 2015
—
42 Automotive Group LLC
—
Trustees Deed
related
$536,400 · Huntington Nat'l Bk
Sep 22, 2014
$145,000
42 Automotive Group LLC
Rds Companies LLC
Grant Deed
—
—
—
42 Automotive Group LLC
—
Deed Of Trust
related
$554,500 · Huntington Nat'l Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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